HUD: $51 Million Awarded to Clean Up Lead Hazards in Public Housing
Funding to identify and control potentially dangerous lead in thousands of homes with young children The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $51.4 million to 25 Public Housing Agencies (PHAs) in 19 states to identify and reduce lead-based paint hazards in thousands of older public housing units. Provided through HUD’s…
Federal Reserve: Third Extension Announced of Rule to Bolster the Effectiveness of the SBA’s Paycheck Protection Program
The Federal Reserve Board on Friday announced the third extension of a rule to bolster the effectiveness of the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). Like the earlier extensions, this one will temporarily modify the Board’s rules so that certain bank directors and shareholders can apply to their banks for PPP loans for…
EDA: $4 Million in CARES Act Recovery Assistance Invested to Create Small Business Revolving Loan Fund Across Wyoming
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million CARES Act Recovery Assistance grant to Rural Development Fund, Casper, Wyoming, to capitalize and administer a Revolving Loan Fund (RLF) to provide critical gap financing to small businesses economically impacted by the coronavirus pandemic in…
EDA: $2.6 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Small Business Loan Fund in Five-County Region of New York
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million CARES Act Recovery Assistance grant to Hudson Valley Agribusiness Development Corporation, Hudson, New York, to capitalize and administer a Revolving Loan Fund, providing gap financing to farm and food businesses throughout Columbia, Dutchess, Greene, Orange,…
EDA: $2 Million Invested to Support Medical Center Expansion in Ashland, KY
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Ashland Hospital Corporation, Ashland, Kentucky, to purchase upgraded equipment and support expansion efforts. This EDA grant, to be matched with $500,000 in local investment, is expected to create 250 jobs and generate…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Business Expansion and Growth Efforts in Dahlonega, GA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Lumpkin County Water & Sewerage Authority, Dahlonega, Georgia, to support business expansion and growth efforts, bolstering the region’s ability to withstand future economic disruptions. This EDA grant, to be…
EDA: $1.8 Million Invested to Support Business Retention and Growth in Kailua-Kona, HI
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to the Natural Energy Lab of Hawaii (NELHA), Kailua-Kona, Hawaii, to support business retention and growth initiatives at a sustainable technology park. The EDA grant, to be matched with $459,658 in local investment, is…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Boost Workforce Development at Spoon River College in Illinois
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to Spoon River College, Canton, Illinois, to purchase training equipment and renovate the college’s Vocational & Technical Education Center (VOTEC). This EDA grant is expected to create 275 jobs, retain…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Support Trail Improvements and Promote Tourism in Covington, VA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the County of Alleghany, Covington, Virginia, for trail improvements along the Jackson River and to bolster the local tourism economy. This EDA grant, to be matched with $600,000 in…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Assist Disadvantaged Businesses and Entrepreneurs in Bluefield, WV
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the Center for Applied Research and Technology (CART), Bluefield, West Virginia, to provide critical gap financing to disadvantaged businesses and entrepreneurs. This EDA grant, to be matched with $273,750…